Story | Aug 25, 2013
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Story | Oct 3, 2013 | 10:40 AMIn spite of opposition by 72 percent of the American public, Republican members of the House of Representatives have driven the government, and possibly the economy, over the shutdown cliff. More ominous is their threat not to agree to an increase in the national debt ceiling in two weeks, an unprecedented move that would put the United States — until now viewed by the world as the ultimate safe haven — into default. Such a default, even if resolved, would not only complicate the ability to finance the U.S. government and increase its borrowing costs but would also speed up a shift away from the dollar as the primary reserve currency and the United States as a place to invest. In short, it would represent an epochal shift in the status of the United States in the world.
Story | May 5, 2013 | 6:30 AM
Story | Mar 28, 2013 | 9:15 AM
Story | Oct 12, 2012 | 5:15 AM
A central tenet of Mitt Romney's campaign is that President Barack Obama does not understand how markets work and, therefore, is incapable of leading our country out of its current economic malaise. Governor Romney says that he does. One must consider his...